New York’s Top Medical Liability Insurer to Join Berkshire Hathaway Family of Companies
Medical Liability Mutual Insurance Company (“MLMIC”), the largest underwriter of medical professional liability insurance in New York, announced on July 18 that it has entered into a definitive agreement, pending regulatory and policyholder approval, to be acquired by National Indemnity Company, following the completion of the conversion of MLMIC to a stock company from a mutual company. National Indemnity Company is a subsidiary of Berkshire Hathaway Inc., one of the world’s leading insurance organizations.
MLMIC has stated that there will be no changes in their handling of claims, operations or their philosophy of providing a strong defense against claims brought against policy holders. Please visit www.mlmic.com/faq for more detailed information.
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